Conva
ActiveSummary
Conva has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,851 and a net result of €32,351. Equity is shrinking by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency49▲+2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.28 in 2024; short-term debt: 76.4% and cash: 82.3% of total assets), and 76.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.6%
Return on assets
21.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9557 sector peers (2025).
NBB · sector comparisonPosition among 9557 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
3 d early
2023
37 d early
2022
35 d early
2021
44 d early
2020
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€34,851▲ 2.8%
2024 · €33,886
Total assets
€147,986▼ 3.7%
2024 · €153,729
Net result
€32,351▼ 47.9%
2024 · €62,101
Working capital
€34,812▲ 5.5%
2024 · €33,002
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€76,388▲ 57.0%€79,804▲ 4.5%€77,838▼ 2.5%€79,981▲ 2.8%€47,063▼ 41.2%
Net result€60,228above the sector's middle half▲ 56.5%€63,350above the sector's middle half▲ 5.2%€62,221above the sector's middle half▼ 1.8%€62,101above the sector's middle half▼ 0.2%€32,351within the sector's middle half▼ 47.9%
Equity€101,214within the sector's middle half▲ 147%€164,564above the sector's middle half▲ 62.6%€61,785within the sector's middle half▼ 62.5%€33,886within the sector's middle half▼ 45.2%€34,851within the sector's middle half▲ 2.8%
Total assets€131,204within the sector's middle half▲ 70.5%€194,874within the sector's middle half▲ 48.5%€249,133within the sector's middle half▲ 27.8%€153,729within the sector's middle half▼ 38.3%€147,986within the sector's middle half▼ 3.7%
Debt€29,990▼ 16.6%€30,310▲ 1.1%€187,348▲ 518%€119,844▼ 36.0%€113,134▼ 5.6%
Working capital€101,214within the sector's middle half▲ 64.0%€163,183above the sector's middle half▲ 61.2%€59,861within the sector's middle half▼ 63.3%€33,002within the sector's middle half▼ 44.9%€34,812within the sector's middle half▲ 5.5%
Solvency77.1%above the sector's middle half▲ 23.9pp84.4%above the sector's middle half▲ 7.3pp24.8%below the sector's middle half▼ 59.6pp22.0%below the sector's middle half▼ 2.8pp23.6%below the sector's middle half▲ 1.5pp
Current ratio4.37above the sector's middle half▼ 0.686.38above the sector's middle half▲ 2.011.32within the sector's middle half▼ 5.061.28within the sector's middle half▼ 0.041.31within the sector's middle half▲ 0.03
Return on assets (ROA)45.9%above the sector's middle half▼ 4.1pp32.5%above the sector's middle half▼ 13.4pp25.0%above the sector's middle half▼ 7.5pp40.4%above the sector's middle half▲ 15.4pp21.9%within the sector's middle half▼ 18.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147,986
Fixed assets
€39 ▼ 95.5%
Current assets
€147,946 ▼ 3.2%
Equity and liabilities €147,986
Equity
€34,851 ▲ 2.8%
Debt
€113,134 ▼ 5.6%
Debt's share of the balance-sheet total falls from 78.0% to 76.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47,907▼
2024 · €81,021
Cash flow
€33,195▼
2024 · €63,141
Debt to equity
3.25▼
2024 · 3.54
ROE
92.8%▼
2024 · 183.3%
Interest coverage
18.09▼
2024 · 34.59
Debt ≤ 1 year
€113,134▼
2024 · €119,844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €196 | €1,001 | €1,040 | €844 | ▼ 18.8% |
| Other operating charges640/8 | - | - | - | €772 | €400 | ▼ 48.2% |
| Gross operating margin9900 | €76,388 | €80,000 | €78,838 | €81,792 | €48,306 | ▼ 40.9% |
| Operating profit (loss)9901 | €76,388 | €79,804 | €77,838 | €79,981 | €47,063 | ▼ 41.2% |
| Financial income75/76B | €5 | €6 | €1,073 | €863 | €15 | ▼ 98.3% |
| Recurring financial income75 | €5 | €6 | €1,073 | €863 | €15 | ▼ 98.3% |
| Financial charges65/66B | €744 | €127 | €138 | €2,343 | €2,648 | ▲ 13.0% |
| Recurring financial charges65 | €744 | €127 | €138 | €2,343 | €2,648 | ▲ 13.0% |
| Profit (loss) for the period before taxes9903 | €75,649 | €79,683 | €78,772 | €78,501 | €44,430 | ▼ 43.4% |
| Transfer to deferred taxes680 | - | - | - | - | €12,079 | - |
| Income taxes67/77 | €15,421 | €16,333 | €16,552 | €16,400 | - | - |
| Profit (loss) for the period9904 | €60,228 | €63,350 | €62,221 | €62,101 | €32,351 | ▼ 47.9% |
| Profit (loss) for the period to be appropriated9905 | €60,228 | €63,350 | €62,221 | €62,101 | €32,351 | ▼ 47.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131,204 | €194,874 | €249,133 | €153,729 | €147,986 | ▼ 3.7% |
| Fixed assets21/28 | - | €1,381 | €1,924 | €884 | €39 | ▼ 95.5% |
| Tangible fixed assets22/27 | - | €1,381 | €1,924 | €884 | €39 | ▼ 95.5% |
| Plant, machinery and equipment23 | - | €1,381 | €856 | €330 | - | - |
| Furniture and vehicles24 | - | - | €1,068 | €554 | €39 | ▼ 92.9% |
| Current assets29/58 | €131,204 | €193,493 | €247,209 | €152,846 | €147,946 | ▼ 3.2% |
| Amounts receivable within one year40/41 | €11,316 | €31,146 | €33,601 | €44,982 | €26,040 | ▼ 42.1% |
| Trade receivables40 | €11,316 | €27,802 | €25,160 | €44,534 | €26,040 | ▼ 41.5% |
| Other amounts receivable41 | - | €3,344 | €8,441 | €448 | - | - |
| Current investments50/53 | - | - | €50,451 | €50,933 | - | - |
| Cash at bank and in hand54/58 | €119,887 | €162,347 | €163,040 | €56,571 | €121,772 | ▲ 115% |
| Deferred charges and accrued income490/1 | - | - | €117 | €360 | €135 | ▼ 62.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131,204 | €194,874 | €249,133 | €153,729 | €147,986 | ▼ 3.7% |
| Equity10/15 | €101,214 | €164,564 | €61,785 | €33,886 | €34,851 | ▲ 2.8% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €98,714 | €162,064 | €59,285 | €31,386 | €32,351 | ▲ 3.1% |
| Amounts payable17/49 | €29,990 | €30,310 | €187,348 | €119,844 | €113,134 | ▼ 5.6% |
| Amounts payable within one year42/48 | €29,990 | €30,310 | €187,348 | €119,844 | €113,134 | ▼ 5.6% |
| Trade debts44 | €82 | €990 | €262 | €171 | €248 | ▲ 45.4% |
| Suppliers440/4 | €82 | €990 | €262 | €171 | €248 | ▲ 45.4% |
| Taxes, remuneration and social security45 | €12,617 | €29,320 | €22,086 | €14,158 | €6,419 | ▼ 54.7% |
| Taxes450/3 | €12,617 | €29,320 | €22,086 | €14,158 | €6,419 | ▼ 54.7% |
| Other amounts payable47/48 | €17,290 | - | €165,000 | €105,515 | €106,467 | ▲ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,228 | €63,350 | €62,221 | €62,101 | €32,351 | ▼ 47.9% |
| + Depreciation and write-downs630 | - | €196 | €1,001 | €1,040 | €844 | ▼ 18.8% |
| Operating cash flow (approximation) | €60,228 | €63,546 | €63,221 | €63,141 | €33,195 | ▼ 47.4% |
| Investment in fixed assets (approximation) | - | - | -€1,543 | €0 | €0 | - |
| Change in cash | - | €42,459 | €693 | -€106,468 | €65,200 | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €32,351 ▼47.9%
Net result drops to €32,351, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €63,350 ▲5.2%
Net result €63,350, the highest in the series.
31-12
Financial
Equity above €150,000Eq €164,564 ▲62.6%
3 profitable years in a row build equity to €164,564.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €101,214 ▲147%
2 profitable years in a row build equity to €101,214.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Keerbergen · 1 establishment unit since 2020
Ground area
1,797 m²
Building footprint
290 m²
Volume, LiDAR
1,195 m³
Parcel 24048A0230/00E000, Flanders · tallest building 14.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Conva
since 20202.304.469.283
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048A0230/00E000 | Flanders | 1,797 m² | 1 · 290 m² | 14.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745622172
Also
9925:BE0745622172
Registered
30-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.